Tag - Wmg

Regis Corp. (Nasdaq:RGS), Spectrum Pharmaceuticals Inc. (Nasdaq:SPPI) and Atlas Pipeline Partners LP (Nasdaq:APL) are among the biggest percentage losers in Monday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Matrixx Initiatives (Nasdaq:MTXX), Rubicon Technology Inc. (Nasdaq:RBCN), Venoco Inc. (Nasdaq:VQ), Titan International Inc. (Nasdaq:TWI), Warner Music Group Corp. (Nasdaq:WMG) and Houston Wire & Cable Co. (Nasdaq:HWCC).

Small-cap stocks drifted lower into mid-session, unable to keep pace with mild gains in large-cap indices as smaller banks and financial firms were a drag on the Russell 2000 (NYSE:IWM). Some of today’s small-cap gainers were PharmaNet Development Group Inc. (Nasdaq:PDGI), Allied Healthcare International Inc. (Nasdaq:AHCI) and KB Home (NYSE:KBH).

Other Market Watch highlights today included:

• Poor performers were regional banks, diverse financial services firms, consumer finance companies, diversified banks, casinos and REITs.   Feb 03, 2009 1:11pm
• Personal products companies, steel stocks, coal firms and general merchandise stores were all doing well today.   Feb 03, 2009 1:10pm
• Motorcycle manufacturers were a top performer today, but the large automakers were in retreat mode as they release sales numbers today.   Feb 03, 2009 1:10pm
• Bank stocks were a major drag on the market, with the KBW Banking Index off about 4.1%. 

Small Cap Gainers:

• PharmaNet Development Group Inc. soared 244% on news the firm will be acquired by JLL Partners Inc. for $5 a share. See (Nasdaq:PDGI).  
• Allied Healthcare International Inc. was up 21% on heavy turnover amid an earnings-related boost. See (Nasdaq:AHCI).  
• Small-cap homebuilder KB Home was up 6.8%, while Meritage Homes Corp. was up 10.9%. See (NYSE:KBH) and (NYSE:MTH)

Small Cap Losers:

• Complete Production Services slips to loss in Q4; shares tumble over 16%. See (NYSE:CPX).  
• Colonial Properties shares sink 12% on Q4 report. See (NYSE:CLP).  
• Warner Music Group Corp. was off 6.4% on active volume; the only apparent news was a PR release last night that the firm would enter a global distribution deal with Destiny Media. See (NYSE:WMG).